Various internet forums that I have visited warn that are the number one reason for hinderance in Chesterfield house deals. Is that correct?

The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays in the conveyancing process. Local searches are unlikely to be the root cause of holding up conveyancing in Chesterfield.

I am buying a new build apartment in Chesterfield. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Chesterfield

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?

Due to the input of my in-laws I had a survey completed on a property in Chesterfield in advance of instructing lawyers. I have been informed that there is a flying freehold aspect to the house. Our surveyor has said that some mortgage companies will not issue a loan on such a property.

It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. If you contact us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chesterfield. Conveyancing may be slightly more expensive based on your lender's requirements.

We expect to complete our sale of a £200,000 maisonette in Chesterfield in just under a week. The freeholder has quoted £372 for Certificate of Compliance, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Chesterfield?

Chesterfield conveyancing on leasehold apartments usually involves administration charges levied by managing agents :

Completing pre-contract questions Where consent is required before sale in Chesterfield Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your conveyancer will have no control over the level of the charges for this information but the average costs for the information for Chesterfield leasehold premises is £350. For Chesterfield conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to provide answers.

I own a 1 bedroom flat in Chesterfield, conveyancing was carried out in 2000. How much will my lease extension cost? Equivalent flats in Chesterfield with an extended lease are worth £190,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease runs out on 21st October 2084

With just 61 years left to run we estimate the price of your lease extension to range between £19,000 and £22,000 as well as costs.

The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not take any other action based on this information before seeking the advice of a professional.

I am in the process of buying my 1st home in Chesterfield. Conveyancing lawyer already instructed. The broker suggested that a survey is not needed as the property was only constructed in 2001.

As the bare minimum you need a Home Buyer's Report. As the property is more than ten years old the property will not benefit from a warranty, so you don't want to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report could be sufficient. They will highlight any apparent issues and suggest further investigation where appropriate. Where there are any signs of material issues obtain a comprehensive Building Survey from the beginning.